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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Your program is just one vulnerability away from overlooking significant risks. As financial institutions increasingly integrate complex calculations, holistic business models, and designated model owners, risk models are evolving in sophistication. Hidden dangers may lurk within the gaps between different models. However, organizations need not endure the fragmentation of their programs. The Crowe Model Risk Manager offers a software solution that seamlessly integrates model risk management throughout the entire process. This centralized platform, equipped with real-time visualizations, simplifies the management of workflows, allows for effective issue tracking, report generation, and compliance demonstration. Financial institutions can transition beyond traditional spreadsheets and emails to achieve a unified and thorough perspective. With our innovative software, understanding all facets of your model risk management becomes straightforward and accessible. Model owners can easily identify their responsibilities, along with defined next steps and continuous activity oversight. Furthermore, banks can implement automated workflows and actions, enhancing efficiency and ensuring the program remains on track. This holistic approach empowers organizations to proactively address risks, ultimately leading to more robust risk management strategies.

Description

Parafin delivers the essential connective framework that strengthens and sustains financial services. We manage various aspects such as sourcing, underwriting, origination, servicing, compliance, and risk management, among others. Our journey begins with exceptional underwriting practices. Utilizing advanced machine learning models, we analyze data from millions of businesses spanning diverse industries to assess eligibility for offers and optimize the experience for merchants. Additionally, we have developed a sleek, white-labeled user interface that integrates effortlessly into your current platform. We assume the risk and guarantee that our offerings adhere to a multitude of government regulations. By expertly navigating the intricacies of capital markets for you, we ensure a smooth operational flow. Collaborating with top-tier financial institutions, including Jefferies and Silicon Valley Bank, allows us to maintain a consistent influx of funds to support your merchants. Beyond merely providing a framework, our all-inclusive solution delivers a comprehensive financial services program tailored to meet your needs. In essence, we empower businesses through seamless access to capital and compliance, enhancing their overall functionality and market presence.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Amazon
Vercel
Visa Click to Pay
Walmart
Worldpay

Integrations

Amazon
Vercel
Visa Click to Pay
Walmart
Worldpay

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Crowe

Country

United States

Website

www.crowe.com/services/consulting/financial-services/regulatory-response/model-risk-management/model-risk-manager

Vendor Details

Company Name

Parafin

Founded

2020

Country

United States

Website

www.parafin.com

Product Features

Product Features

Financial Services

Analytics
Branch Optimization
Channel Management
Compliance Management
Customer Engagement
Performance Management
Risk Management

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